Wereldhave NV (FRA:WER)
€ 13.84 -0.2 (-1.42%) Market Cap: 608.93 Mil Enterprise Value: 1.57 Bil PE Ratio: 6.01 PB Ratio: 0.63 GF Score: 59/100

Full Year 2022 Wereldhave NV Earnings Call Transcript

Feb 09, 2023 / 09:00AM GMT
Release Date Price: €14.63 (+2.02%)
Matthijs Storm
Wereldhave N.V. - CEO & Member of the Management Board

Good morning, ladies and gentlemen. Welcome to the Wereldhave Full Year 2022 Earnings Webcast. I'm here today with our CFO, Dennis de Vreede. I'm Matthijs Storm, the CEO of Wereldhave.

We will take you through a couple of slides. You can find the presentation material also on our website. There's an opportunity to ask questions. In the bottom of your screen, you see a text box. Already during the call, you can post your questions during the end of the call -- towards the end of the call, we will answer those questions.

Let's start with the key messages for 2022. I think very important, the first one, we made a significant profit again of EUR 76 million in 2022. Last year, there was a EUR 213 million loss. This was primarily driven by the revaluations and also by the book loss on the sale of the French portfolio last year. But I'm happy to see that this year, we can post a profit of EUR 76 million.

A little bit further down, tenant sales during the last H1 call, I already mentioned that we would be

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